SouthernAlliance    Last:0.43    -0.01

Southern Alliance Mining

March $0.26 to May $1.43. Unbelievable !

 

now w5 ext ew
w4 131 must hold
if not close
if hold w5 140

 

powerful w3 
powerful w5 131
px hit hit 132
up too fast
watch dn 38.2 125
this cannot break down
then continue next fib

 

px breakup 1h baseline 99
wabc formation likely brrakdown

mini ew form
now on w3 103
w3 may not end yet
support 100 cannot breakdown 

 

Then HG Metal will follow

MBULLISH      ( Date: 07-May-2021 07:27) Posted: Super 3.5 bagger for me til now  Malaysia BBs the best  commodities super cycle  it' s just the beginning  southern alliance target $2 MSC target $2 fortress Minerals target $1 all three Cheong ah  MBULLISH      ( Date: 27-Apr-2021 13:58) Posted: 93 almost $1 we are reaching  next will be MSC to hit $1 followed by fortress minerals  huat ah

 

Super 3.5 bagger for me til now 
Malaysia BBs the best 

commodities super cycle 
it' s just the beginning 

southern alliance target $2
MSC target $2
fortress Minerals target $1

all three Cheong ah 

MBULLISH      ( Date: 27-Apr-2021 13:58) Posted: 93 almost $1 we are reaching  next will be MSC to hit $1 followed by fortress minerals  huat ah

 

powerful w5 hit 1040
wabc now
wa dn 940
wb up tgt 990
1h baseline 990
px hit high 970 now
if 990 rejected wc dn
wc 890
day conversion 

 

 

$1 capture..

 

Best performing counter within 1 month.

 

93
almost $1
we are reaching 
next will be MSC to hit $1
followed by fortress minerals 
huat ah 

 

Closed almost day high yesterday 
who will hit $1 first? This or MSC?
fortress minerals coming up also
commodties bull run 
 

 

On the way to $1

 

Southern 75!!!!
didn' t expect it to cheong double in such time from 30 plus. 
super bagger 

 

22 April 2021

THE government has allocated RM87.2 million to develop a more sustainable mineral industry which is estimated at RM4.11 trillion in the 12th Malaysia Plan, spanning over the next five years.

Energy and Natural Resources Minister Datuk Seri Dr Shamsul Anuar Nasarah  (picture)  said the allocation will be parked at the Minerals and Geoscience Department Malaysia.

 

He said the money will be used to evaluate the country&rsquo s mineral resources develop an integrated mining and quarry monitoring system and certification processes on the use of sustainable development indicators in commercialising the mineral products.

&ldquo The ministry is responsible for ensuring the mineral resources are managed efficiently and responsibly.

&ldquo The main agenda will be emphasised on the principles of accountability and sustainability in handling the mining works, the exploration, processing, and production of mineral-based products,&rdquo he said in his welcoming address at the launch of the National Mineral Industry Transformation Plan 2020-2030 framework in Putrajaya today.

Shamsul Anuar stressed that while the mineral resources can be used to generate wealth-income to the nation, it was seen as an industry that has a harmful impact on the environment.

&ldquo With this agenda, it is important to ensure that while the activities carried out from the industry will benefit the people, they will not negatively impact the environment,&rdquo he added.

Shamsul Anuar said of the total RM4.11 trillion, it was estimated that RM1.03 trillion is for metals, RM2.96 for non-metals, and RM120 billion for minerals from energy.

 

Demand vs supply
limited float of shares 
hence, easier to push 
and of course this Malaysian bb stronger definitely 
good job. 
$1 is the destination 

7ocean      ( Date: 22-Apr-2021 11:53) Posted: very limited up trend.. Fortreemineral more room to run MBULLISH      ( Date: 22-Apr-2021 11:42) Posted: This one run faster than fortress  going play catch up with msc both going $1 Cheers

 

very limited up trend.. Fortreemineral more room to run

MBULLISH      ( Date: 22-Apr-2021 11:42) Posted: This one run faster than fortress  going play catch up with msc both going $1 Cheers

 

This one run faster than fortress 
going play catch up with msc
both going $1
Cheers

 

Results coming soon
Will be extremely good like fortress minerals 
going for $1
huat 

 

Good one
broke new high 
solid. 
 

 

Commodity bull run   
tin and iron and copper   
Hot stocks that could double in price   
southernAlliance   
FortressMinerals
Malaysian Smelting Corporation (MSC)   

TWO iron ore plays on the Singapore Exchange, both Malaysian-based, have been quite the rage as steel mills make good money and inventories shrink on higher demand. As prices of the sought-after reddish metal trended higher, so have the shares of those that mine and sell it. 

Catalist-listed Fortress Minerals, for instance, enjoyed record sales volume in the nine months to November last year (the company has a February year-end). Its net profit for Q3 FY2021 was nearly double that for FY2020, and the counter has gained 25 per cent this year to close at 37.5 Singapore cents on April 6. 

The shares of its sector peer Southern Alliance Mining (SAM), which has a mine in Johor, Malaysia and is also listed on Catalist, have surged 61.1 per cent to 58 Singapore cents over the same period. 

Despite lower sales volume across all products in the first half of FY2021, SAM' s revenue improved by nearly 8 per cent to RM152 million (S$50 million), thanks to an increase in the average realised selling price of iron ore concentrate. Net profit over the period jumped 47 per cent year on year to RM51 million.